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DiamondCorp in R280m loan deal with IDC

DiamondCorp subsidiary Lace Diamond Mines has entered into a R280m loan term sheet agreement with the Industrial Development Corporation.

Seabed mining the next frontier as DeepGreen trawls Pacific for copper

DeepGreen Metals, which plans to extract copper, cobalt, zinc and manganese from the seabed in the Pacific Ocean, says it is making steady progress...

Keaton output gains momentum

Keaton Energy has reported across-the-board production increases from its operations in the financial year to end-March.

Pan African passes dividend, but looks to future with SA bolt-ons

PAN African Resources (Pan African) said the disruption of the 2018 financial year, which resulted in it passing the dividend, was firmly behind it...

RBPlat employees return to work

Royal Bafokeng Platinum says its operations at the Bafokeng Rasimone Platinum Mine's north shaft have normalised, following and earlier illegal strike.

Rockwell applies for business rescue to keep liquidators at bay

ROCKWELL Diamonds has applied for business rescue in an effort to keep an interim liquidation at bay whilst it waits for a hearing in...

China firm wins bid for Tanzanian iron ore mines

China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.

Mozambique to step up diamond controls

Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.

CRG’s great expectations amid licence row

Central Rand Gold says it may become one of SA’s lowest cost gold producers and be the solution to rising acid mine water, if only the courts will return its revoked mining right.

Great Basin’s Burnstone mine up and running

Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.